AML/KYC Oversight Investigations - Analyst

AML/KYC Oversight Investigations Analyst

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.

AML/KYC Governance & Oversight team provides oversight and guidance so that the business delivers Anti-Money Laundering (AML) and Know-Your-Customer (KYC) strategies to assure our product and our customer base are fully compliant with Bank Secrecy Act (BSA), USA PATRIOT Act and Financial Industry Regulatory Authority (FINRA) requirements. AML/KYC Oversight works closely with various groups, such as AML/KYC Operations, Business Development and Relationship Management teams to deliver ongoing requirements for capturing, reporting and monitoring compliance with regulatory standards. 

The team is responsible for Anti Money Laundering (AML) strategic initiatives/projects to meet regulatory obligations. This includes conducting research, analysis, and providing qualitative/quantitative insights to lead and direct the projects and initiatives to meet our AML/KYC Standards. The role requires alignment with the Firm's AML/KYC Global Standards and will require coordination with Project Teams, Compliance, AML Operations and the Business. Team members are responsible to be knowledgeable of AML/KYC policies and standards to ensure projects and initiatives are within compliance and mitigate the AML/KYC risks to an acceptable level. 

The AML Investigations Specialist plays a critical role in safeguarding the organization against financial crimes. This position is responsible for conducting thorough investigations into potential money laundering activities, with a focus on cash transactions, Money Laundering Prevention and Investigation Systems (MIPLS), and overall branch risk. The specialist will work closely with AML/KYC Oversight, the business and compliance teams to ensure adherence to regulatory requirements and internal policies.

Job Responsibilities: 

• Conduct comprehensive AML investigations, including analyzing transaction information, reviewing customer data, researching open source and media checks
• Assess risk levels of customers and transactions, recommend appropriate actions to mitigate identified risks
• Maintain detailed records of investigations, findings, and outcome
• Collaborate with downstream partners to submit referrals for further investigation of unusual activities, ensuring a seamless transition to the SAR investigation process, when applicable
• Participate in ad-hoc projects, contributing expertise and insights to support the evolving needs and strategic objectives of the AML team
• Stay informed about the latest trends, techniques, and regulatory changes in money laundering and financial crime

Required Qualifications, Skills & Capabilities:

• Minimum of 3 years of experience in AML investigations or a similar compliance role
• Strong analytical skills and attention to detail
• Excellent written and verbal communication skills
• Skilled with analyzing root causes of AML/KYC, compliance and risk issues.
• Proficient problem solving, critical thinking, analytical skills. 
• Ability to work independently and collaboratively in a team environment
• Analytical Thinking: Ability to analyze complex data and identify patterns
• Communication: Clearly convey information and findings to various stakeholders
• Integrity: Maintain confidentiality and uphold ethical standards in all investigations
• Proficient in Microsoft Office Suite (Word, Excel) required
• Work autonomously to affect change - flexible, adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment